Samsung flags are set up at the main entrance to the Berlin fair ground before the IFA consumer electronics fair in Berlin in this August 28, 2012 file photo. Samsung Electronics Co Ltd is emerging as a major player in its local debt market, buying more South Korean-issued bonds as it juggles a $60 billion cash pile. Samsung's push into private bank debt and government bonds underscores the challenges faced by the electronics giant in managing its massive cash holdings, with local banks reluctant to overload on short-term deposits from Samsung.
REUTERS

Hot on the heels of Apple and its introduction of the 64-bit iPhone, Samsung is also on the verge of rolling out its own 64-bit phone, which was spotted with the model number SM-G510F.

However, Samsung may be aiming to show off its low-end version first, as SamMobile reports the spotted device is using Qualcomm's Snapdragon 410, which is the supposed first 64-bit chipset in the Snapdragon lineup.

This does not mean Samsung is only aiming for the low-end market, as the coveted 64-bit Exynos chip, releasing sometime later this year, may roll out next once the chipset becomes available for production.

According to the source, the Snapdragon 410-powered SM-G510F device features mid-range specs for a phone, including a 4.8-inch display with lower resolutions than the 2014 flagship Samsung Galaxy S5 at 960 x 540, 8-MP rear and 5-MP front camera, 1 GB of RAM and the Android 4.4.2 Kitkat. Samsung has yet to announce what the device will be or when it will be released to the market.

Unlike the recently revealed Samsung Galaxy S5 LTE-A, which is a variant of the 2014 flagship that's slated to arrive to the South Korean market only, there is no info or confirmation yet as to the markets Samsung will be releasing the phone to. The Samsung Galaxy S5 LTE-A is also getting a special treatment with its Special Edition. GSM Arena reports it will have a textured back cover to improve the grip factor from its prototype in the Samsung Galaxy S5.

Samsung Galaxy S5, Note 3 S Finder Update

Owners of the Samsung Galaxy S5 and Galaxy Note 3 may look forward to a new software update that's targeted for the S Finder app.

Phone Arena reports this is an emergency update for "security and fundamental error correction." Samsung has yet to announce what issues for the S Finder this new software update will fix, but the "emergency" component does make it sound critical as far as updates go.

The S Finder update comes earlier than the expected Android 4.4.3 Kitkat update for the Samsung Galaxy S5 as well as the reported Android 4.4.2 Kitkat for the Galaxy Tab 3 8.0 that's already rolling out, starting with France.